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Author: anonymous Hipster

MMT Says Government Debt Makes Private Saving Possible

Posted on June 23, 2023June 23, 2023 by anonymous Hipster

Mises Institute Fellow Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government’s “red ink makes our black ink possible.” Patrick and Bob point out that these MMT tautologies are very misleading at best. Patrick also lays out the argument in his journal article, saying that MMT’s debt…

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